There are some problems I feel should be ironed out with the Patreon, so I'd like to offer my point of view and share some ideas.

When I started donating, the Project 64 prompt for Patreon support didn't go away, even after filling in the correct details. I needed additional assistance to resolve that because it wasn't working as it should.

For $5 or more per month it says:Get access to the latest builds from the source, available via the Project64 website
There was no automatic process for this to happen, after I first donated. I certainly don't have access to anything on the site that I couldn't before (if that's what it means).

Personally, I would make use of the bot from Patreon in Discord servers. If you configure it so, people can automatically be given a "Supporter" role in the Discord server; this role can be used to access a channel in the Discord server reserved to Supports, Hackers, et cetera where latest builds or secrets could be posted. That way someone will directly have access to the Patreon reward immediately after donating.

I've been pledging since July 2017 and beta testing a few things along the way, but there's still no "roles" attributed to my account on the forums as of this writing.

To anyone who starts using Project 64 & wants to donate something to help it grow, shouldn't the process be a lot more streamline? Because when I started donating I had to ask in the forums for what next.

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Instead of everyone troubleshooting the same things, share the knowledge; maybe you'll save someone enough time, by telling them what you know so far, that they'll finish the job and share the solution with you.